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Desktop appraisal option to start in March

Housing Wire

To be eligible for a desktop appraisal, according to Fannie Mae , the loan must be a purchase transaction, secured by a one-unit principal residence and have a loan-to-value ratio of no more than 90%. FHFA suggested that hybrid appraisals could also speed up the appraisal process and reduce costs.

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Planning a Remodel? Know Your Home Renovation Loan Options

HomeLight

But rather than draining their savings, most homeowners opt to finance their home home improvement with credit or a home renovation loan. If you’re considering taking out a home renovation loan to spruce up a powder room or gut the kitchen, we’ve got you covered. An overview of home renovation loan options. Construction loan.

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Hate Your New Couch or Paint Color? How To Avoid (or Cope With) Renovation Regret

Realtor.com

Amato-Scotto , CEO and principal designer of AMA Designs & Interiors in Wallington, NJ. Never rush into a renovation , as that will increase the likelihood of experiencing remorse. And don’t take on an extensive renovation project at once—instead tackle it in pieces. After all, chaise means “long chair.”

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. So let your personality shine.

Agents 367
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Like it or not, desktop appraisals are here to stay

Housing Wire

The option is limited to purchase transactions, secured by a one-unit principal residence with a loan-to-value ratio of no more than 90%. Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible.

Loans 363
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What Is Home Equity and How Can I Use Mine in 2022?

HomeLight

It’s calculated by taking the current value of your home minus your principal balance and the total of any additional liens that must be paid off before selling the property. But if you don’t have any additional liens to account for, simply take your home value minus your unpaid principal to estimate your home equity.

Equity 105
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Top 10 Home Buying/Selling Trending Topics for 2024

Realty Biz

If you can't find any online in this day and age, there is likely a reason!" - Gaetano Marra, broker/owner of Better Homes and Gardens Real Estate Gaetano Marra Home Spend 25% of your take-home income on the mortgage payment , including principal, interest, taxes, and insurance. "In Look for reviews. Is it good for resale?